Non-disclosure agreements (NDAs) are like secret-keeping promises for companies. They help keep important information, like customer lists or secret plans safe. If someone breaks an NDA, they can get into serious trouble with the law.
Do I Need a Lawyer to Check an NDA Before I Sign?
- If you’re starting a new business deal and they ask you to sign an NDA, it’s a good idea to be careful. Before you sign it, talk to a lawyer who knows about these types of agreements. They can help you understand what you’re getting into and if there are any risks. They’ll explain what stuff you have to keep secret, for how long, and what you can and can’t do.
- It’s okay to ask for changes to the agreement if you’re not comfortable with something. A lawyer can help with that too.
Do I Need a Lawyer to Make an NDA?
If you’re the one making the NDA to protect your business, it’s also smart to work with a lawyer. They can make sure your agreement has these six important things:
- Say who’s involved in the agreement – who’s giving the secret info and who’s getting it.
- Explain what’s secret and how it’ll be shared (talking, writing, online, etc.).
- Mention what’s not a secret, like stuff everyone already knows.
- Tell everyone what they must do, especially the person getting the secret info.
- Say how long the agreement lasts – it could be a few months or years.
- Explain what happens if someone breaks the agreement, like going to court.
Even though you don’t have to have a lawyer to make an NDA, it’s usually a good idea. Some agreements made without legal help might not work out well later on. So, it’s smart to get advice from a lawyer, just to be safe.
If you’re in Texas and need help with Non-Disclosure Agreements or other healthcare legal assistance, Contact one of our attorney’s at Dike Law Group and schedule a meeting so we can discuss at dorismeet.com.